Tag Archives: jerome powell

How to Buffer the Fallout from America’s Third World Death Spiral

American workers are trying to make their way in an economy that’s rigged against them. We made this claim many years ago. Today, for fun and for free, we revisit this assertion…starting with the latest from those doing the rigging. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , , | 35 Comments

Will Larry Summers Save the World Again?

Modern macroeconomics is a boring and dreary trade. The monthly report outs on GDP, unemployment, inflation, and other data aggregates, are a dull waste of time. What decisions could you possibly make to improve your lot in life from these data reports? Continue reading

Posted in MN Gordon, Politics | Tagged , , , , , | 3 Comments

Why Consumer Price Inflation Is Here To Stay

The ability of U.S. central planners to export price inflation to China is finally breaking down. This ability masked the effect of loose fiscal and monetary policies in the U.S. for several decades, as the consequences of enormous deficits and radical money supply expansion were offset by low cost consumer goods. Those days are over. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 24 Comments

The Fed’s Two Disagreeable Choices

Dr. Fauci – a quack – is disturbed by all the holdouts. He wants to “full-court press” the selfish anti-vaxxers who refuse to take one for the team. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , | 2 Comments